TDS2
This query is : Resolved
22 February 2009
My client company says they are Registered with Excise duty & VAT and that was fully paid So TDS should not be deduct on their bill amount. Is there is any provision like this.Plz tell me?
22 February 2009
No excise duty is payable towards indirect taxes of central governemt and vat is payable to state governtment. TDS being deducted by you is for the purpose of income tax under direct taxes and you are depositing to government on behalf of them.
Absoulutely you have to deduct tds. Kindly explain them.
Absoulutely you have to deduct tds. Kindly explain them.
22 February 2009
CA B Srinivasulu is correct however the position would be more clear if you tell for what the bill is issued
22 February 2009
The bill is for the purchase of 20 Buses for the Andhra Pradesh Tourism Development Corporation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
